GOOY’s 35% Yield on Google Worth Buying Into?

GOOY’s 35% Yield on Google Worth Buying Into?

24/7 Wall St.

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What Is GOOY, and Why the Excitement? The YieldMax GOOGL Option Income Strategy ETF (NYSEARCA:GOOY), launched in July 2023, is an actively managed exchange-traded fund (ETF) designed to deliver sky-high monthly income by selling call options tied to Alphabet (NASDAQ:GOOG)(NASDAQ:GOOGL).  With a jaw-dropping 42.9% annualized distribution rate, GOOY has captured the attention of income-seeking investors. […]

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